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Grains and live cattle end mixed, with feeders, hogs and mlk higher. Bryan Doherty, Total Farm Marketing, says March corn sees a chart breakout Friday above $4.35 and posts a higher weekly close pricing in strong exports and lower ending stocks in Tuesday's WASDE. Soybeans were steady to higher in the January but also posted a higher weekly close but can the market hold with tariff fears and the large SA crop coming? Wheat scored a double bottom this week and Doherty is hopeful the market can build on it. However, live cattle closed mixed despite cash from $190 -$192 and higher boxed beef values as he says the market is anticipating a slow down in demand end of year. Milk futures scored a higher weekly reversal and he thinks the low might be in in that market as well.
See omnystudio.com/listener for privacy information.
By Michelle RookGrains and live cattle end mixed, with feeders, hogs and mlk higher. Bryan Doherty, Total Farm Marketing, says March corn sees a chart breakout Friday above $4.35 and posts a higher weekly close pricing in strong exports and lower ending stocks in Tuesday's WASDE. Soybeans were steady to higher in the January but also posted a higher weekly close but can the market hold with tariff fears and the large SA crop coming? Wheat scored a double bottom this week and Doherty is hopeful the market can build on it. However, live cattle closed mixed despite cash from $190 -$192 and higher boxed beef values as he says the market is anticipating a slow down in demand end of year. Milk futures scored a higher weekly reversal and he thinks the low might be in in that market as well.
See omnystudio.com/listener for privacy information.

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